Debt Consolidation Forums Payday Loan help forums
Balancecredit.com (aka SunUp Financial) in Ohio HELP!
Fri, 11/17/2017 21:57
I am in Ohio and I am having major issues with Balancecredit.com (aka SunUp Financial). I have already checked and they are registered as a CSO in Ohio so i'm out of luck there.
I have been making a payment of $50 a month since I defaulted in August. They would not settle with me, but they said they would accept my payments and my account would be fine as long as I made a payment each month. Then today I recieved an e-mail telling me I have to pay $637 by 12/17 or they will accelerate my loan and demand the amount in full. I owe a total of 1138.00 on a $400 loan :(
My question is, since I have been making a payment each month what are the odds they will actually sue me? If they sell it to a collection agency, would I be sued right away or would the collection agency possibly work with me on payments?
I am not concerned with it hurting my credit score, that is already shot!
Thanks in advance